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Platts Signs Agreement with JYD Commodities Hub

 
Platts, a provider of energy and commodities information, has signed an agreement to distribute its proprietary Chinese-language oil information service through JYD Commodities Hub, one of China's commodities information and e-trade service.

JYD will offer Platts China Alert on its internet-based platform to mainland Chinese subscribers. Platts China Alert provides real-time breaking news, price assessments and analysis covering the Chinese and global markets, according to Platts.

Larry Neal, president of Platts, said: “Our agreement to distribute Platts China Alert through JYD is part of a strategic partnership that leverages Platts' status as the global leader in energy information with JYD's strength as information and trading platform in the domestic market.

“By harnessing the power of JYD's local resources, we can distribute Platts global alert with greater speed and reliability, and bring the benefits of critical oil information to a broader range of energy professionals in China, which has become an increasingly influential player in the global energy markets.”

Huang Haixin, president of JYD, said: “I am pleased that JYD can now offer Platts information on our website to the vast Chinese market, which has an eager readership. We have enjoyed close cooperation with Platts for several years, and today's agreement consummates our win-win relationship.”

Will Platts benefit from JYD services?

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